Suzuki undercuts BYD with Japan mini EV; Toyota launches hydrogen bus

· Politics · Japan · United States

Suzuki launched the cheapest-in-class mini electric vehicle in Japan, undercutting BYD as competition in the country's EV market intensifies. Toyota partnered with Isuzu to launch an updated hydrogen fuel cell bus, and Honda said it will test EV recharging at highway speeds. In the US, General Motors said hybrid vehicles are coming, acknowledging hybrids' growing popularity. Petrol-only cars fell below 50% of global new-vehicle sales for the first time, while Lucid's third-quarter deliveries fell 6.7% as it cut production to align with demand.

Why it matters：Price competition in Japan's EV market and the shift toward hybrids and hydrogen show how automakers are hedging the transition globally.

Key points

  • Suzuki's mini EV undercuts BYD on price in Japan.
  • Toyota and Isuzu launched an updated hydrogen fuel cell bus.
  • Petrol-only cars fell below half of global new-vehicle sales for the first time.

Sources (original reporting)

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